Top Fed official warns progress on taming US inflation ‘may be stalling’

Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It

In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.

Inc. - 1h

Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."

CNBC - 21h

Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.

NBC News - 23h

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The top 10 audiobooks on Audible

ABC News - 2h

US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks

The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...

The Hill - 5h

US-Apple-Books-Top-10

Apple Books charts for week ending Dec. 2

ABC News - 2h

England’s chief prosecutor warns lawyers’ pay may be adding to court delays

Head of Crown Prosecution Service Stephen Parkinson calls for review

Financial Times - 2h

UK facing ‘widening gap’ in ability to fight cyber threats, warns top agency

Number of incidents at top end of scale of severity tripled last year, including attack that took down London hospitals

Financial Times - 20h

Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers

A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.

Wired - 7h

FT readers: your favourite off-the-beaten-track eateries and bars in Venice

Top tips on authentic places to dine and drink in La Serenissima

Financial Times - 15h

FirstFT: Critics see chance to close US accounting regulator

Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctions

Financial Times - 15h

America is one big bubble

Plus, China’s ‘Japanification’

Financial Times - 14h

China retaliates against latest US chip restrictions

Beijing bans export of materials used in semiconductors and batteries

Financial Times - 3h

Senate confirms stalled promotion for general involved in Afghanistan withdrawal

Politico - 19h

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.

The Hill - 5h

PCE, a Key Inflation Measure, Sped Up in October

Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.

The New York Times - 6d

‘Progressive except for Palestine’: how a tech charity imploded over a statement on Gaza

The board of the non-profit Code for Science & Society blocked a statement against genocide. The fallout tore the high-profile organization apart. Miliaku Nwabueze, a senior program manager at Code ...

The Guardian - 5h

Bracketology: It's official, the SEC is a juggernaut

For the first time in a long, long time, a team not named Kansas is the top overall seed. Instead, it's Auburn as the SEC takes over the bracket.

ESPN - 5h

Putin makes it official: Russia is all in on defense spending

Yahoo News - 13h

Under Powell, the Fed Makes Monetary Policy Boring Again

The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.

Inc. - 1d

Fed’s Waller says he supports interest-rate cut at next meeting — for now

Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.

MarketWatch - 22h

Kids worked overnight shifts at pork processing plant, feds find

Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.

CBS News - 23h

Huge sinkhole is still growing, council leader warns

It could be months until evacuated residents are able to return to their homes, one homeowner says.

BBC News - 1d

Biden, in Angola, Warns That Slavery’s History Should Not be Erased

In becoming the first American leader to visit Angola, President Biden said it was important not to forget the ugly legacy that originally defined relations with Africa.

The New York Times - 8m

Long-time NFL official Dale Hamer dies at 87

Dale Hamer, a long-time NFL game official and then a replay official, has died.

Yahoo Sports - 1d

Kate joins Qatar welcome but Camilla stays away as she recovers from illness

The state visit's exercise in soft power sees the Qatari royals given a carriage procession along The Mall.

BBC News - 4h

Parthenon Sculptures deal 'close', ex-Greek official says

Sir Keir Starmer met the Greek PM for talks at Downing Street - but it was not clear if the issue was discussed.

BBC News - 3h

Israeli Officials Welcome Trump’s Demand to Free Hostages Before Inauguration

President-elect Donald J. Trump has threatened to take unspecified action unless the hostages held in Gaza are released before he takes office in January.

The New York Times - 6h

Health officials investigate mystery disease in southwest Congo after 143 deaths

Medical experts have been sent to southwestern Congo after a mystery disease killed dozens of people over two weeks, authorities said

ABC News - 2h

Health officials investigate mystery disease in southwest Congo after 143 deaths

Medical experts have been sent to southwestern Congo after a mystery disease killed dozens of people over two weeks, authorities said

ABC News - 3h

Trump attends memorial service for Florida law enforcement officials

President-elect Donald Trump attended a memorial service for three Florida law enforcement officials killed during a crash. Gov. Ron DeSantis was also in attendance. CBS News chief White House ...

CBS News - 1h

Israeli Officials Welcome Trump’s Demand to Free Hostages Before Inauguration

The Israeli leader’s comments came after President-elect Donald J. Trump threatened to take unspecified action unless the hostages held in Gaza are released by Jan. 20.

The New York Times - 4h

Job openings jumped and hiring slumped in October, key labor report for the Fed shows

Job openings totaled 7.74 million on the month, up 372,000 from September.

CNBC - 4h

Job openings jumped and hiring slumped in October, key labor report for the Fed shows

Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.

NBC News - 4h

Top Fed official warns progress on taming US inflation ‘may be stalling’

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